Mar 282014

The Government of Tamilnadu has issued a new notification dtd 25th March 2014.

As per this new notification, every registered dealer , who is liable to pay tax under TNVAT Act & whose turnover exceeds Rs. 2 Crores during the previous year, shall pay the tax due only by means of electronic payment only through the website of the TNVAT Department. This is effective from 1st April 2014.

Download (PDF, Unknown)



  One Response to “TNVAT E payment Mandatory for assessees with more than 2 Crore Turnover”

  1. Dear Sir,

    Namaste. Kindly clarify whether under TNVAT Food supplied to Employees at Subsidized rate in the canteen within the factory , attract vat tax-if so, tax is chargeable on actual value or subsidized value ?
    Food amount is recovered by deduction from staff salary every month.

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>



B S Sridhar & Co., Contact us @ 91-44-45540180 / 91-90804 33131. 

For Quick Response email :-

WP to LinkedIn Auto Publish Powered By :

Subscribe to our Email alerts for getting regular updates on GST, Income-tax, Corporate Law, Tax Planning, ,Investments, RBI Guidelines, VAT Laws , etc.,

Enter your email address: Delivered by FeedBurner 
%d bloggers like this: